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The Rise of Fintech in Cambodia: Driving Growth and Financial Inclusion

The Fintech Times

Cambodia is leveraging fintech innovations and strategic reforms to boost economic growth, financial inclusion and international partnerships, positioning itself as a key player in the Southeast Asian digital economy. Cambodia’s economy is projected to grow by 5.8 The country’s GDP now stands at nearly $1,760.

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Mastercard Partners with The BENEFIT Company to Drive Payment Innovation and Financial Inclusion in Bahrain

Fintech Finance

Mastercard has signed a memorandum of understanding (MoU) with The BENEFIT Company (BENEFIT), leading fintech company in Bahrain, and the national electronic payment infrastructure operator, to explore opportunities for collaboration in driving innovation and financial inclusion in the country’s dynamic payments ecosystem.

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Overcoming Huge Infrastructure and Inclusion Challenges: How Can Fintech Help Develop Timor-Leste?

The Fintech Times

According to the World Bank , the country has a gross domestic product per capita of around $2,389 – while its economy is reliant on energy resources in the Timor Sea. Tackling these challenges Despite these challenges, the fintech industry could certainly play a role in improving financial inclusion for citizens of Timor-Leste.

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Flutterwave Expands African Footprint with Payment Systems License in Uganda

Fintech Finance

This demographic presents an unprecedented opportunity to advance economic growth through enhanced financial inclusion and digital innovation. Founded in 2016, Flutterwave has emerged as a cornerstone of Africa’s digital economy, with a mission to simplify payments for endless possibilities.

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Can Fintech Bolster Economic Development in the Maldives as Climate Crisis Threatens Tourism Income?

The Fintech Times

While it has made significant gains from incoming tourism, the country needs to diversify its economy to ensure a positive future. However, during the Covid pandemic, the country’s tourism industry (and therefore its economy) experienced a significant hit – leading to its GDP per capita falling to a little over $7,000.

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Flutterwave Secures Licence From Bank of Uganda, and Sets Sights on Young Ugandan Population

The Fintech Times

In fact, over 78 per cent of Ugandans are under the age of 35, presenting a significant opportunity to advance economic growth through enhanced financial inclusion and digital innovation.

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MENA Governments are Successfully Facilitating Rapid Growth of Digital Payments, Says Checkout.com

The Fintech Times

The insights shared by our contributors highlight that a cohesive approach involving all stakeholders – governments, businesses, and consumers – is essential to harness the full potential of MENA’s digital economy.”